Demise charterer definition
Demise charterer means a person with whom the owner of the vessel enters into a demise charter. The charterer takes over all possession and control of the vessel from the owner of the vessel and becomes subject to the duties and responsibilities of ownership. The charterer is also responsible for directing the operations of the vessel and providing the master and crew.
Demise charterer means a person with whom the owner of the vessel enters into a demise
Demise charterer means the person or company who is in possession and control of the Vessel;